@jedisco, you are indeed brilliant and a very deep thinker. God bless you with more wisdom and knowledge.

In principle, I am not in favour of capital punishment... The main issue is corruption has been successfully addressed by other countries by its introduction and strict implementation which transformed theirs to developed nations. The world is well aware of this. Even the US was once the wild wild west. capital punishment was the order of the day and overtime it was phased out in some US states after civility became more prevalent. I am very happy to live in a country whose citizens respect law and order even with capital punishment for crimes committed.

Nigeria's corruption problem is so bad it has made fines and penalties for minor crimes, which has been the law here for decades, useless and has certainly not deterred their occurrences (minor crimes - infractions & misdemeanors) to date. By way of referred minor crime examples with large consequences... we have penalties for running red traffic lights. It has not deterred motorists from doing it frequently. consequences - avoidable accidents. we have penalties for having vehicles that have not been tested for road worthiness littering and driven on our roads. Have you seen the number of these on Nigerian roads? Shockingly high. Have you seen the alarming number of deaths caused by vehicles, trailers and tankers that should not be on our roads in the first place? corruption allows this to happen. Are you aware of the number of motorist that did not take a driving test but simply bought a driving licence in Nigeria? You should then not be surprised at the way motorists drive and the alarmingly high number of fatalities caused by this 'simple' acts of corruption (bribery).

Therefore, it is better to start by making capital punishment for all crimes and over time, after we begin to see improved public and private services, improved citizenry behaviour, reduced scams/theft, improved justice systems etc etc, then one can choose to phase out capital punishment or only apply it to the most serious of crimes (felonies) going forward. I frankly cannot see any other way to change Nigeria for the better because of how bad the situation has become. Nevertheless, I respect everyone opinion on this issue.

I am all in favour of any way Nigeria can change for the better. I only make the capital punishment suggestion because it has worked for other countries that had the same corruption problem and more importantly, all our existing rules and laws have been and continue to be flouted and all our policies for development have been disregarded and not implemented for many decades.

Finally, besides being for or against capital punishment (lets leave that to one side for the moment) can you suggest what will "certainly" change the behaviour of Nigerians and Nigeria for the better that has not be tried in the past? remembering of course that all those that have been tried in the past have failed.

jedisco:


You've raised some points...
I agree, alot can be done to cut corruption and channel it towards education so as to build capacity. That said, there should be a means of retaining some of the bright heads too or bringing them back after they've relocated as it takes years to build such capacity. Take a doctor or nurse for example. You're not going to replace them overnight... Even developed nations find it easier and cheaper to raid developing nations to fill up such roles than build capacity to train their citizens from scratch.

But I don't agree with capital punishment or excessive highhandedness for minor crimes. There are modern and reliable ways to deter people from social vices. Fines and even prison sentences more in turning the society around than death sentences.
Making traffic offenders pay fines and go through a retraining process or suspend their license will beuch more cheaper and effective than severe punishment.
You wouldn't want to live in a country that kills folks for skipping traffic lights.. If Nigeria kills her citizens lawfully for such, then that'd further degrade us in the eyes of the world.

Donbrig:
@jedisco, you are indeed brilliant and a very deep thinker. God bless you with more wisdom and knowledge.

Gracias

skydiver01:

.....

Finally, besides being for or against capital punishment (lets leave that to one side for the moment) can you suggest what will "certainly" change the behaviour of Nigerians and Nigeria for the better that has not be tried in the past? remembering of course that all those that have been tried in the past have failed.

Hehe.... Take it easy.... I know say u dey vex

In a multicultural society like Nigeria, one does need tact to solve some issues.... The same corruption bedeviling the current system will not disappear overnight. Kidnapping, terrorism, armed robbery e.t.c carry a death penalty.... How much has it helped....

Bottom line is that folks in the right position need to start making the right macroeconomic decisions.....

Donbrig:
@jedisco, you are indeed brilliant and a very deep thinker. God bless you with more wisdom and knowledge.

So na all this yamayama long epistle full of jargons you dey call brilliant? You dey okay so? Typical Nigerian. At your age, long essay and grammar equal deep thinker. You better change that way of thinking before strong yamayama nack that your old shiny bald head

jedisco:


Hehe.... Take it easy.... I know say u dey vex

Yes my brother, I don pass vex sef. Good morning.

Bottom line is that folks in the right position need to start making the right macroeconomic decisions.....

Many right decision have been made over many decades. Which ones have been successful because of corruption? For example, was the decision to support Internally Displaced People (IDPs) in the North East in March 2016 not a right decision as a result of the actions Boko Haram? It certainly was. Can you imagine the most recent Secretary to the Federal Government (Lawal Babachir) stole/diverted over N500m allocated to (IDPs) in the North East (under the guise of a grass cutting contract - see vanguard news link below)? Who in their right mind does that? Disgusting! He still has his freedom today because of a useless corrupt justice system of paid delayed trials. If this was China he would have been executed in 2016.

https://www.vanguardngr.com/2020/11/n554m-grass-cutting-scandal-efcc-re-arraigns-ex-sgf-babachir-lawal/

How about the over N400b unconditional cash transfer covid scheme in 2020 by the Federal Government via Ministry of Humanitarian Affairs to be paid to vulnerable Nigerians and SMEs because of the pandemic forced economic shutdown for several months? Was that not a good decision? Was it implemented as intended? No, because of corruption. Once again the money was diverted.

In a multicultural society like Nigeria, one does need tact to solve some issues.... The same corruption bedeviling the current system will not disappear overnight. Kidnapping, terrorism, armed robbery e.t.c carry a death penalty.... How much has it helped....

Has the death penalty for these kidnapping, terrorism etc etc been implemented? No! We should stop kidding ourselves Nigeria cannot move forward without all these penalties being implemented widely. However corruption has been getting in the way of their implementation. So I suggest we should start with implementation of capital punishment. I also do not expect corruption to disappear overnight. But I do want actions to be taken to eliminate it so we can move forward as a country. All the announced deemed good endless words and policies has yielded no results for decades because of corruption.

Btw, you did not answer the question below.

Finally, besides being for or against capital punishment (lets leave that to one side for the moment) can you suggest what will "certainly" change the behaviour of Nigerians and Nigeria for the better that has not be tried in the past? remembering of course that all those that have been tried in the past have failed.

Assets put money in your pocket. The more assets you have making money for you, the richer you get. If you have an investment portfolio or intend to build one, these are 5 asset classes you should consider:

1. CASH
They include liquid funds, saving accounts, online wallets, hard cash, money market instruments and certificates of deposit (CDs). Cash provides a safe haven for funds when markets are rocky or looking overvalued. It offers liquidity and most cash deals offer higher returns(Peer to peer lending). They are an important part of an investment portfolio because their high liquidity makes it easy for you to readily seize opportunities. Unlike stocks and other assets, cash equivalents must have a determined market price that doesn’t fluctuate. The downside of cash and its equivalents is, interest from banks doesn’t keep up with inflation.

2. STOCKS
Stocks are a collection of shares (units of ownership of a company). The company divides its capital into equal parts, which it can then sell as shares. Owning stocks in different companies can help you build your portfolio, protect your money from inflation, and maximize income from your investments if you consider a long-term perspective. The downside just like any investment is it comes with risks. The stock market is volatile and best suited to long-term investing.

3. BONDS
Bonds are a debt instrument or an IOU. They contribute an element of stability to any diversified portfolio. Bonds are a safe and conservative investment that offers relatively low volatility, high liquidity and a measure of legal protection. When you invest in bonds, you lend money to the bond issuer (corporations, local/ federal Governments). You lend them the money for a specified period of time known as the bond term. They in turn pay you interest at a specified interest rate. The downside is a lower rate of return.

4. REAL ESTATE
Real estate is the most common type of tangible assets that people own. It offers passive income and long-term wealth. You can create regular income and cash flow, protect against inflation and build equity for the future with real estate investment opportunities(REIT’s – Real Estate Investment Trusts, rental properties – residential, commercial, industrial, retail e.t.c). The major drawback is it requires a lot of upfront capital and you lose liquidity.

5. COMMODITIES
Commodities offer an inflation hedge unmatched by other asset classes and the prospect of improved risk-adjusted returns. It benefits investors during economic uncertainties. They are riskier forms of investments with opportunities to make huge profits. Another downside of commodities is that they are susceptible to weather and regulatory risks. Commodities can be divided into four sectors;

Agriculture – livestock, wheat, corn
Energy – natural gas, coal, crude oil
Industrial metals – Steel
Precious metals – Gold, Silver


Your portfolio is considered balanced when it includes investments spread across various assets. Diversifying your portfolio is ideal because it helps to reduce risk while maximizing returns. Assets all have their advantages and disadvantages. Consider your risk tolerance and financial goals before opting for any investment option. www.overwood.ng focuses mainly on the safety of your funds and providing you with safe high-yield investment options to help you build long-term wealth.

TheFinance101:
Assets put money in your pocket. The more assets you have making money for you, the richer you get. If you have an investment portfolio or intend to build one, these are 5 asset classes you should consider:

1. CASH
They include liquid funds, saving accounts, online wallets, hard cash, money market instruments and certificates of deposit (CDs). Cash provides a safe haven for funds when markets are rocky or looking overvalued. It offers liquidity and most cash deals offer higher returns(Peer to peer lending). They are an important part of an investment portfolio because their high liquidity makes it easy for you to readily seize opportunities. Unlike stocks and other assets, cash equivalents must have a determined market price that doesn’t fluctuate. The downside of cash and its equivalents is, interest from banks doesn’t keep up with inflation.

2. STOCKS
Stocks are a collection of shares (units of ownership of a company). The company divides its capital into equal parts, which it can then sell as shares. Owning stocks in different companies can help you build your portfolio, protect your money from inflation, and maximize income from your investments if you consider a long-term perspective. The downside just like any investment is it comes with risks. The stock market is volatile and best suited to long-term investing.

3. BONDS
Bonds are a debt instrument or an IOU. They contribute an element of stability to any diversified portfolio. Bonds are a safe and conservative investment that offers relatively low volatility, high liquidity and a measure of legal protection. When you invest in bonds, you lend money to the bond issuer (corporations, local/ federal Governments). You lend them the money for a specified period of time known as the bond term. They in turn pay you interest at a specified interest rate. The downside is a lower rate of return.

4. REAL ESTATE
Real estate is the most common type of tangible assets that people own. It offers passive income and long-term wealth. You can create regular income and cash flow, protect against inflation and build equity for the future with real estate investment opportunities(REIT’s – Real Estate Investment Trusts, rental properties – residential, commercial, industrial, retail e.t.c). The major drawback is it requires a lot of upfront capital and you lose liquidity.

5. COMMODITIES
Commodities offer an inflation hedge unmatched by other asset classes and the prospect of improved risk-adjusted returns. It benefits investors during economic uncertainties. They are riskier forms of investments with opportunities to make huge profits. Another downside of commodities is that they are susceptible to weather and regulatory risks. Commodities can be divided into four sectors;

Agriculture – livestock, wheat, corn
Energy – natural gas, coal, crude oil
Industrial metals – Steel
Precious metals – Gold, Silver


Your portfolio is considered balanced when it includes investments spread across various assets. Diversifying your portfolio is ideal because it helps to reduce risk while maximizing returns. Assets all have their advantages and disadvantages. Consider your risk tolerance and financial goals before opting for any investment option. www.overwood.ng focuses mainly on the safety of your funds and providing you with safe high-yield investment options to help you build long-term wealth.

We really need to improve on our commodity exchange. We have about 3 commodity exchanges in Nigeria, but I don't know much about their functionality

emmanuelewumi:




We really need to improve on our commodity exchange. We have about 3 commodity exchanges in Nigeria, but I don't know much about their functionality

That guy is just marketing his money making scheme looking for maga here. I’m not sure he knows anything about the commodities exchanges in Naija

TheFinance101:
Assets put money in your pocket. www.overwood.ng focuses mainly on the safety of your funds and providing you with safe high-yield investment options to help you build long-term wealth.

Dude stop wasting your time here. This place is full of audio dreamers posing as billionaires

We have the Uber drivers, fake wine sellers, Truck drivers, students, criminals, armed robbers, kidnappers, yahoo yahoo boys, security guards abroad claiming to be foreign investors in Naija, broke abroad people living on benefits but claiming billionaire status here, those that have bungalow with two tenants in a village but claiming to be real estate moguls, small boys with tashere foreign stocks but claiming to be big time NYSE investors, fools trying to use Reddit copy and paste to play fellow fools, idiots claiming to be Bitcoin billionaires. We have them all here

Stop wasting your time bro. Nothing dey here. Find somewhere else to sell your hustle

Looooool but absolutely true.

Lazyyouth4u:


Dude stop wasting your time here. This place is full of audio dreamers posing as billionaires

We have the Uber drivers, fake wine sellers, Truck drivers, students, criminals, armed robbers, kidnappers, yahoo yahoo boys, security guards abroad claiming to be abroad investors in Naija, broke abroad people living on benefits but claiming billionaire status, those that have bungalow with two tenants in a village but claiming to be real estate moguls, small boys with tashere foreign stocks but claiming to be big time NYSE investors, fools trying to use Reddit copy and paste to play fellow fools, idiots claiming to be Bitcoin billionaires. We have them all here

Stop wasting your time bro. Nothing dey here. Find somewhere else to sell your hustle

You blackmailed and attacked Ahib which is one of the backbones of this thread until he ran away from here, that must be making you feel like little hitler huh...na me and you here na...

Lazyyouth4u:


Guilty conscience?

Cc Seun Mynd44 Dominique Lalasticlala

See who is talking of insecurity and lack of manner,when you send a smiley emoji on a blackmailing or insulting comment..that says alot about you...if you are talking of bad manner maybe you need to go back and read your Nl cia or whatever you call it previous posts again...claiming saint..nonsense

skydiver01:
My type? What type is that exactly?

Your derogatory use of language on this platform quite frankly confirms your insecurity and lack of manners. I am not interested in why this is the case or in what you may or may not do for a living?

Furthermore and finally, at what point did Lazyyouth reference you specifically (XiaoLi) in his post below, which was simply a heed warning to the advertiser (www.overwood.ng) that warranted an insulting response from you?

https://www.nairaland.com/3798592/opportunity-register-partake-dkb-markets

A thread for the fighters . Please fight here we'll be on the lookout

skydiver01:


Yes my brother, I don pass vex sef. Good morning.

Has the death penalty for these kidnapping, terrorism etc etc been implemented? No!

Btw, you did not answer the question below.

If the death penalty for those serious crimes has not been implemented, why do you think a death penalty for less serious crimes would be implemented? To change such laws, it has to go thru the National Assembly, president would sign and law enforcement and others would do their work. In any jurisdiction, it takes years to secure a death penalty. Imagine the courts flooded with trival cases years on end....

I'm trying to be practical here....

To your questions, my initial answe was simple. Those in leadership should start by getting some macroeconomic policies right. The populace should be able to pressurise them on that. We've seen that work with some erroneous CBN policies in the past

TheFinance101:


Consider your risk tolerance and financial goals before opting for any investment option. www .overwood. ng focuses mainly on the safety of your funds and providing you with safe high-yield investment options to help you build long-term wealth.

Your site and app looks neat...
As you know, there's been lots of default from similar good looking platforms of late... Mainly in agrotech... So investors would be more sceptical going forward... Which isn't bad...

All said, there's is there a live breakdown on how users funds are invested at any point in time. Also, what insurance is there or regulatory backing to ensure users get their funds?

Claiming Saint? and Nl Cia posts that have ever been posted by me?

You are clearly either an "nonentity " or you are confusing me with someone else.

Kindly reproduce any posts I have made in the past to support your accusation. If you are unable to produce this, then I suggest you improve your manners and desist from using derogatory words in your posts going forward. My suggestion is for your own good and development.

XiaoLi:
See who is talking of insecurity and lack of manner,when you send a smiley emoji on a blackmailing or insulting comment..that says alot about you...if you are talking of bad manner maybe you need to go back and read your Nl cia or whatever you call it previous posts again...claiming saint..nonsense

This thread has gone to the dogs

Mods please start banning anyone typing yamayama essay here

XiaoLi:
See who is talking of insecurity and lack of manner,when you send a smiley emoji on a blackmailing or insulting comment..that says alot about you...if you are talking of bad manner maybe you need to go back and read your Nl cia or whatever you call it previous posts again...claiming saint..nonsense

This man, that oga you are attacking is the one that we get accurate tb rates from. Which is the purpose of this thread. He’s not the cause of your inferiority complex. Watch how you talk to him before yamayama fall on that your shiny bald head

Lazyyouth4u:


Dude stop wasting your time here. This place is full of audio dreamers posing as billionaires

We have the Uber drivers, fake wine sellers, Truck drivers, students, criminals, armed robbers, kidnappers, yahoo yahoo boys, security guards abroad claiming to be foreign investors in Naija, broke abroad people living on benefits but claiming billionaire status here, those that have bungalow with two tenants in a village but claiming to be real estate moguls, small boys with tashere foreign stocks but claiming to be big time NYSE investors, fools trying to use Reddit copy and paste to play fellow fools, idiots claiming to be Bitcoin billionaires. We have them all here

Stop wasting your time bro. Nothing dey here. Find somewhere else to sell your hustle

https://anchor.fm/value-nigeria/episodes/35--Low-risk-approach-to-building-wealth-A-chat-with-Dr-Tayo-Oyedeji-e19s5ms..

Coincidentally abi na accidentally sef. I just heard about them this morning while listening to the above Podcast. The company's seem CEO the person the anchor chatted with.

So guys, whoever is interested can do his or her independent research...